Legal Opinion

Local No. 8 IBEW Retirement Plan v. Vertex Pharmaceuticals Inc.

District Court, D. Massachusetts

Decided September 30, 2015No. Civil Action No. 14-12296-FDSPublishedCited by 6 opinions

1Opinion of the Court

MEMORANDUM AND ORDER ON DEFENDANTS’ MOTION TO DISMISS . (

SAYLOR, District Judge

This is a putative class action involving alleged violations ■ of the Securities Exchange Act of 1934 and Rule 10b-5. Local No. 8 IBEW Retirement Plan has brought suit, on behalf of a class of similarly situated -persons,- against Vertex Pharmaceuticals Inc. and various Vertex executives. Plaintiff contends that class members were harmed when they purchased Vertex’s common stock at prices that were artifi-*125dally inflated by the company’s false and misleading statements about its products. Plaintiff also contends…

2Cases cited24 opinions

  1. Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
  2. Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
  3. Valerie Watterson v. Eileen PageCourt of Appeals for the First Circuit · 1993
  4. Shaw v. Digital Equipment Corp.Court of Appeals for the First Circuit · 1996
  5. Greebel v. FTP Software, Inc.Court of Appeals for the First Circuit · 1999

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3Cited by6 opinions

  1. Local No. 8 IBEW Retirement Plan & Trust v. Vertex Pharmaceuticals, Inc.Court of Appeals for the First Circuit · 2016
  2. Brennan v. Zafgen, Inc.District Court, D. Massachusetts · 2016
  3. Campbell v. iRobot CorporationDistrict Court, D. Massachusetts · 2021
  4. Coleman v. Charles River Laboratories International, Inc.District Court, D. Massachusetts · 2024
  5. LSI Design and Integration Corp. v. Tesaro Inc.District Court, D. Massachusetts · 2019

1 more not listed; retrieve them via the Exa API.

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